Q3 Earnings Forecast for Mplx Issued By US Capital Advisors

Key Points

• US Capital Advisors lowered its Q3 2026 EPS forecast for MPLX to $1.03 from $1.04, while forecasting $4.28 in full-year 2026 earnings and $4.24 for 2027.
• MPLX shares opened at $58.38, near their 12-month high of $60.95. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $63.20.
• MPLX recently paid a quarterly dividend of $1.0765, equivalent to a $4.31 annualized payout and a 7.4% dividend yield; its latest quarterly EPS of $1.06 matched estimates, while revenue rose 10.3% year over year.

Mplx Lp (NYSE:MPLX - Free Report) - Equities research analysts at US Capital Advisors reduced their Q3 2026 earnings per share (EPS) estimates for shares of Mplx in a report issued on Thursday, August 20th. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will earn $1.03 per share for the quarter, down from their prior forecast of $1.04. The consensus estimate for Mplx's current full-year earnings is $4.28 per share. US Capital Advisors also issued estimates for Mplx's Q4 2026 earnings at $1.07 EPS, Q3 2027 earnings at $1.10 EPS, Q4 2027 earnings at $1.09 EPS, FY2027 earnings at $4.24 EPS and FY2028 earnings at $4.56 EPS.

MPLX has been the topic of several other research reports. Zacks Research raised shares of Mplx from a "strong sell" rating to a "hold" rating in a research note on Friday, June 5th. Barclays raised their target price on Mplx from $59.00 to $63.00 and gave the company an "overweight" rating in a research note on Thursday, August 6th. Royal Bank Of Canada boosted their price target on Mplx from $60.00 to $64.00 and gave the stock an "outperform" rating in a research note on Friday. Wolfe Research downgraded Mplx from an "outperform" rating to a "peer perform" rating in a report on Wednesday, July 29th. Finally, Morgan Stanley upped their target price on Mplx from $60.00 to $66.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $63.20.

Mplx Price Performance

Shares of MPLX stock opened at $58.38 on Monday. The firm has a fifty day simple moving average of $57.69 and a 200-day simple moving average of $56.96. The company has a market capitalization of $59.19 billion, a PE ratio of 12.55, a price-to-earnings-growth ratio of 5.53 and a beta of 0.48. Mplx has a twelve month low of $47.80 and a twelve month high of $60.95. The company has a current ratio of 0.89, a quick ratio of 0.83 and a debt-to-equity ratio of 1.71.

Mplx (NYSE:MPLX - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The pipeline company reported $1.06 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.06. Mplx had a net margin of 35.75% and a return on equity of 32.83%. The company had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.14 billion. During the same quarter last year, the firm posted $1.03 earnings per share. The business's quarterly revenue was up 10.3% on a year-over-year basis.

Mplx Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, August 7th were given a $1.0765 dividend. The ex-dividend date was Friday, August 7th. This represents a $4.31 annualized dividend and a dividend yield of 7.4%. Mplx's dividend payout ratio (DPR) is presently 92.69%.

Institutional Investors Weigh In On Mplx

A number of institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC increased its stake in Mplx by 4.1% during the first quarter. NewEdge Advisors LLC now owns 24,049 shares of the pipeline company's stock valued at $1,287,000 after purchasing an additional 939 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Mplx by 6.6% in the 2nd quarter. Geode Capital Management LLC now owns 16,557 shares of the pipeline company's stock worth $853,000 after buying an additional 1,021 shares during the last quarter. Guggenheim Capital LLC boosted its holdings in shares of Mplx by 5.4% in the 2nd quarter. Guggenheim Capital LLC now owns 19,139 shares of the pipeline company's stock valued at $986,000 after buying an additional 972 shares during the period. Cerity Partners LLC grew its position in shares of Mplx by 12.5% during the 2nd quarter. Cerity Partners LLC now owns 53,113 shares of the pipeline company's stock valued at $2,736,000 after buying an additional 5,916 shares during the last quarter. Finally, Glenview Trust co grew its position in shares of Mplx by 62.5% during the 2nd quarter. Glenview Trust co now owns 6,500 shares of the pipeline company's stock valued at $335,000 after buying an additional 2,500 shares during the last quarter. 24.25% of the stock is currently owned by institutional investors.

About Mplx

MPLX LP NYSE: MPLX is a midstream master limited partnership that owns, operates and develops energy infrastructure primarily across the United States. The company provides a range of midstream services including the gathering, transportation, storage and distribution of crude oil, refined petroleum products, natural gas and natural gas liquids (NGLs). MPLX also operates processing and fractionation facilities and supplies logistics services that connect producers, refiners and end-use markets.

The partnership's asset base includes pipelines, storage terminals, rail and marine facilities, natural gas processing plants and NGL fractionators.

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